{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-028799","form_type":"8-K","ticker":"ACTG","cik":"0000934549","company_name":"ACACIA RESEARCH CORP","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.645185+00:00","generated_at":"2026-06-18T12:35:33.823505+00:00","sec_items":["3.02","8.01","5.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Acacia closes rights offering; Starboard increases stake to 34.2%, may reach 61.3%","bullets":["Gross proceeds: ~$360,953 from rights offering, ~$78.75M from concurrent private rights offering with Starboard.","After issuance, 58,543,312 shares outstanding; Starboard owns 20M shares (34.2%).","Starboard to exercise Series B Warrants for up to 51.5M shares (57.2%) and convert preferred for up to 61.1M shares (61.3%).","Board changes: Gavin Molinelli (Starboard) appointed Chair; Katharine Wolanyk to serve until May 2024; at least two independent directors.","Governance Agreement to terminate after Series B Warrant exercise and no notes outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-028799","json":"https://secwatch.observer/filing/0001104659-23-028799.json","markdown":"https://secwatch.observer/filing/0001104659-23-028799.md","text":"https://secwatch.observer/filing/0001104659-23-028799.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/934549/000110465923028799/0001104659-23-028799-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/934549/000110465923028799/tm238536d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T12:35:33.823505+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}